Florida · Census, HUD and BEA figures · Updated

Cost of Living in Broward County, FL

Prices around Broward County, FL run 14.2% above the U.S. average (BEA, the metro area). The typical household there earns $77,633 a year, and HUD puts a two-bedroom at $2,333 a month. Keeping that rent under 30% of income takes about $93,320 a year.

Broward County, FL at a glance

Median household income

$77,633$6,469 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$2,333HUD FY2026 Fair Market Rent
Price level (U.S. = 100)114.2+14.2% · BEA, the metro area
Electricity15.1¢per kWh · EIA Residential FL
Population1,977,129Census ACS 5-year estimate

How much rent can you afford in Broward County, FL?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Moderate cost burden (30–50%)
HUD Fair Market Rent$2,333Monthly market rent
Share of gross income36.1%Recommended max: 30%
Annual income needed$93,320To meet the 30% standard
Max affordable rent$1,941At 30% of $77,633
0%30% (Affordability standard)100%
Compare against:

How much is rent in Broward County, FL? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Fort Lauderdale, FL HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Broward County, FL, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,737$20,844$69,48026.8%
1-Bedroom Apartment$1,900$22,800$76,00029.4%
2-Bedroom ApartmentBenchmark$2,333$27,996$93,32036.1%
3-Bedroom Home$3,216$38,592$128,64049.7%
4-Bedroom Home$3,810$45,720$152,40058.9%

Rent in Broward County, FL, with the wage each unit needs →

What a typical income covers in Broward County, FL

The 50/30/20 rule applied to the local median of $77,633 a year ($6,469 a month before tax).

Needs (50%)$3,235/moRent ($2,333 2-BR), utilities (~$136/mo), groceries, transit
Wants (30%)$1,941/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,294/moEmergency fund, retirement, paying down loans

What $77,633 leaves after Florida taxes

Federal income tax, Social Security, Medicare and Florida tax on the local median income. Change the salary to see yours.

$77,633
$30,000$160,000
Filing status:
Gross salary breakdown$77,633
Net 82%
Fed 11%
FICA 8%
Annual take-home$63,445After all taxes
Monthly deposit$5,287Estimated per month
Biweekly paycheck$2,440Every 2 weeks (26/yr)
Effective tax rate18.3%Total tax burden
Federal income tax$8,249 / yr
Florida state income taxNo state wage tax$0
FICA (Social Security & Medicare)$5,939 / yr

Living in Broward County, FL: common questions

What is the median household income in Broward County, FL?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Broward County, FL is $77,633 per year (approximately $6,469 per month).

What is the average rent in Broward County, FL?

The closest official figure is HUD's Fair Market Rent for 2026: $1,737 for a studio, $1,900 for one bedroom, $2,333 for two, $3,216 for three and $3,810 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Broward County, FL expensive to live in?

Prices there run 14.2% above the U.S. average. BEA's regional price parity for the metro area is 114.2, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Broward County, FL?

To keep a $2,333 two-bedroom under 30% of gross income, a household needs about $93,320 a year, or $7,777 a month. That is 120% of what the typical household in Broward County, FL earns.

How much do you need to live comfortably in Broward County, FL?

On the local median income of $77,633 ($6,469 a month before tax), the 50/30/20 rule leaves $3,235 a month for needs like rent, utilities and groceries, $1,941 for everything else and $1,294 for savings or debt. A two-bedroom at $2,333 takes 72% of the needs share.

How much is the electric bill in Broward County, FL?

Homes in Florida paid 15.1¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $136. Your bill depends mostly on heating and cooling.